Is a franchise broker paid a fee for selling a Pearce Bespoke franchise?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
Use of Franchise Brokers. The franchisor uses the services of franchise brokers to assist it in selling franchises. A franchise broker represents the franchisor and is paid a fee for referring prospects to the franchisor and/or selling the franchise. Carefully evaluate any information provided by a franchise broker about a franchise. Do your own investigation by contacting the franchisor's current and former franchisees to ask them about their experience with the franchisor.
Source: Item 22 — CONTRACTS (FDD page 39)
What This Means (2025 FDD)
According to the 2025 Pearce Bespoke Franchise Disclosure Document, Pearce Bespoke utilizes franchise brokers to assist in selling franchises. These brokers represent Pearce Bespoke and are compensated for their services. The fee covers the broker's role in referring potential franchisees to Pearce Bespoke and/or successfully selling a franchise.
For a prospective franchisee, this means that the initial contact and information about the Pearce Bespoke franchise opportunity may come from a franchise broker rather than directly from the company. It's important to recognize that the broker represents Pearce Bespoke's interests in this transaction.
Pearce Bespoke advises potential franchisees to carefully evaluate any information provided by a franchise broker. They recommend conducting independent research by contacting current and former Pearce Bespoke franchisees to gain firsthand insights into their experiences with the company. This due diligence is crucial to making an informed decision about investing in a Pearce Bespoke franchise.